Cyient Limited held its 35th Annual General Meeting (AGM) on July 1, 2026, through video conferencing, where shareholders approved the audited financial statements for the financial year ended March 31, 2026. The meeting, chaired by Non-Executive Chairman Mr. M.M. Murugappan, also secured approval for the re-appointment of key directors. The proceedings were conducted in compliance with the Ministry of Corporate Affairs circulars, the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Manish Kumar Singhania of MKS & Associates was appointed as the Scrutineer for the remote e-voting process. The e-voting window was open during the meeting and for 30 minutes after its conclusion, with remote e-voting conducted between June 28, 2026, and June 30, 2026. The total number of shareholders on the record date was 2,67,019.

Resolutions Passed

Shareholders voted on several items of business during the AGM. All resolutions were deemed to have been passed on July 1, 2026, subject to receiving the requisite majority of votes.

Ordinary Business

• Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and the Auditors.
• Re-appointment of Mr. M.M. Murugappan (DIN 00170478), who retires by rotation and was eligible for re-appointment.

Special Business

• Continuation of directorship of Mr. B.V.R. Mohan Reddy (DIN: 00058215) as a Non-Executive, Non-Independent Director post attaining the age of 75 years until the AGM to be held in 2028.

Voting Results

The Scrutinizer's report confirmed that all resolutions were passed with the requisite majority. The table below summarizes the voting results for the key resolutions:

Cyient Limited has published a newspaper advertisement regarding an addendum to its Letter of Offer for the ₹720 crore buyback, correcting clerical errors in the original document filed on June 19, 2026. The company is repurchasing up to 64,00,000 fully paid-up equity shares at ₹1,125 per share, representing 5.76% of the total paid-up equity share capital. The buyback opened on June 23, 2026, and closes on June 30, 2026, with the record date fixed as June 17, 2026. The corrections ensure accuracy in regulatory filings and shareholder communications.

Key Corrections

The addendum addresses several discrepancies necessitated by clerical errors in the Letter of Offer. References to the Income Tax Act, 1961, must now be read as the Income Tax Act, 2025. The ASOP allotment date has been corrected from October 13, 2026, to October 13, 2025. Additionally, the spelling of "Bodapanu" has been corrected to "Bodanapu" in relevant sections, and the effective date of reappointment for Venkata Rama Mohan Reddy Bodanapu is confirmed as October 11, 2025.

Offer Details

The financial and operational parameters of the buyback offer remain unchanged. The repurchase is funded through the company's free reserves, securities premium account, and internal accruals. The offer constitutes 20.31% and 14.09% of the aggregate of the paid-up share capital and free reserves based on the standalone and consolidated financial statements as of March 31, 2026, respectively.

Entitlement Ratio

The buyback includes a reservation for small shareholders. The entitlement ratio for eligible shareholders is specified below:

Regulatory Compliance

The buyback is being executed in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018. Axis Capital Limited is the manager to the offer, and KFin Technologies Limited is the Registrar to the Buyback. The Board of Directors accepts responsibility for the accuracy of the information contained in the offer documents and the addendum.